Shipping Corporation of India standalone net profit declines 72.56% in the June 2016 quarter

Sales decline 23.16% to Rs 825.29 crore

Net profit of Shipping Corporation of India declined 72.56% to Rs 55.91 crore in the quarter ended June 2016 as against Rs 203.78 crore during the previous quarter ended June 2015. Sales declined 23.16% to Rs 825.29 crore in the quarter ended June 2016 as against Rs 1074.09 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales825.291074.09 -23 OPM %25.9033.30 -PBDT207.51348.15 -40 PBT72.66219.78 -67 NP55.91203.78 -73

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